Scripx Pharmacy & Health

Scripx Pharmacy & Health

Evolving the access and affordability of medications via tech and automation

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Security Type
Crowd SAFE
Min Investment
$100
Location
PLANO, TX
Offering Date
August 24, 2022
Expected Close Date
December 31, 2022
Target Raise
$25.00K-$1.07M
No. Investors
107
Security Price
$1
Website
scripx.com
Number of Employees
8
Cash
$63,513
Revenue
$1,910,831
Short Term Debt
$333,389
Cost of Goods
$1,928,213
Long Term Debt
$761,455
Net Income
$-372,099

Company Description

...Life would be easy, right?

Perks

Invest
$100
Receive
Scripx Logo T-Shirt

Invest
$500
Receive
Tier 1 bonus perks, plus Scripx logo Nike Hoodie and Yeti Rambler

Invest
$2,500
Receive
Tier 2 bonus perks, plus VIP badge on member profile and name recognized on Scripx website

Invest
$10,000
Receive
Tier 3 bonus perks, plus entry into Texas vacation package: Drawing – Two investors will be selected in a random drawing to win a 2-night stay in Dallas, TX, tour the Scripx pharmacy facility and attend the Scripx Republic celebration dinner with Founder, Jon Eaton. All travel expenses paid for by Scripx.
Limited (25 left of 25)

Invest
$25,000
Receive
Tier 4 bonus perks, plus participation in a yearly one-on-one video chat session with the CEO and are invited to attend a group leadership dinner in Texas.
Limited (10 left of 10)

Invest
$50,000
Receive
Tier 5 bonus perks, plus participation in a quarterly group investor call with the CEO and are invited to join Scripx’s advisory board.
Limited (5 left of 5)

Key Deal Facts

250% YoY revenue growth 2020 to 2021
Reported $800K in 22Q1 revenue for an annual revenue run rate of $3.20M
300% increase in prescriptions delivered since year end 2020
June 2022 Launch of Scripx Telehealth and Specialty Medications
1 proprietary middleware software, 2 pharmacy locations (2 in negotiation)
Over 17K customers to date
CLIA certified for COVID and other laboratory tests

Management Team / Advisory Board Bios

Jon Eaton
Founder

Tien Phan
Pharmacist in Charge
Amount Raised : $45,951
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Valuation

Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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